Direxion Daily TSLA Bull 2X Shares Target of Unusually High Options Trading (NASDAQ:TSLL)

Direxion Daily TSLA Bull 2X Shares (NASDAQ:TSLL) was the target of some unusual options trading activity on Monday. Stock investors purchased 31,126 call options on the stock. This represents an increase of approximately 91% compared to the average daily volume of 16,322 call options.

Hedge Funds Weigh In On Direxion Daily TSLA Bull 2X Shares

A number of institutional investors have recently modified their holdings of TSLL. Capital Investment Advisory Services LLC purchased a new position in shares of Direxion Daily TSLA Bull 2X Shares during the fourth quarter worth about $29,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Direxion Daily TSLA Bull 2X Shares in the fourth quarter valued at approximately $144,000. Bison Wealth LLC acquired a new stake in shares of Direxion Daily TSLA Bull 2X Shares during the third quarter worth $232,000. Sloy Dahl & Holst LLC purchased a new position in Direxion Daily TSLA Bull 2X Shares in the 1st quarter valued at $223,000. Finally, TRUE Private Wealth Advisors increased its stake in Direxion Daily TSLA Bull 2X Shares by 10.2% in the 3rd quarter. TRUE Private Wealth Advisors now owns 38,350 shares of the company’s stock valued at $593,000 after buying an additional 3,563 shares during the period.

Direxion Daily TSLA Bull 2X Shares Stock Performance

Shares of TSLL stock opened at $8.33 on Wednesday. Direxion Daily TSLA Bull 2X Shares has a 1 year low of $4.94 and a 1 year high of $21.09. The firm has a market cap of $952.95 million, a price-to-earnings ratio of 36.80 and a beta of -5.14. The stock’s 50-day moving average is $8.00 and its two-hundred day moving average is $10.91.

Direxion Daily TSLA Bull 2X Shares Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Stockholders of record on Wednesday, March 20th were issued a $0.0788 dividend. This represents a $0.32 annualized dividend and a dividend yield of 3.78%. The ex-dividend date was Tuesday, March 19th.

About Direxion Daily TSLA Bull 2X Shares